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Exclusive-Wells Fargo hires Paterson from Citi for activism defense, source says
Market Updates

Exclusive-Wells Fargo hires Paterson from Citi for activism defense, source says

NEW YORK (Reuters) -Wells Fargo has hired a senior banker from Citigroup (NYSE:C) to lead its activism defense practice, a person familiar with the situation said on Wednesday, as corporations scrambl...

  • June 25, 2025 09:22 AM PDT
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Wednesday Sector Leaders: Aerospace & Defense, Computers
Market Updates

Wednesday Sector Leaders: Aerospace & Defense, Computers

In trading on Wednesday, aerospace & defense shares were relative leaders, up on the day by about 0.6%. Leading the group were shares of AeroVironment, up about 23.1% and shares of General Dynamics up...

  • June 25, 2025 09:20 AM PDT
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Wednesday Sector Laggards: General Contractors & Builders, Water Utilities
Market Updates

Wednesday Sector Laggards: General Contractors & Builders, Water Utilities

In trading on Wednesday, general contractors & builders shares were relative laggards, down on the day by about 2.1%. Helping drag down the group were shares of Champion Homes, down about 4% and share...

  • June 25, 2025 09:20 AM PDT
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Republicans dangle reprieve from tax retaliation as Trump bill heads toward votes
Market Updates

Republicans dangle reprieve from tax retaliation as Trump bill heads toward votes

By David Morgan WASHINGTON (Reuters) -A tax proposal that would enable U.S. President Donald Trump to retaliate against countries that impose taxes that he considers unfair could be removed from a swe...

  • June 25, 2025 09:11 AM PDT
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Why 50% Aluminum Tariffs Won’t Hurt Can Makers. These Companies Will Take the Hit.
Market Updates

Why 50% Aluminum Tariffs Won’t Hurt Can Makers. These Companies Will Take the Hit.

Beverage-can producers should be able to manage through the higher levies, Morgan Stanley analyst Stefan Diaz says. Continue Reading View Comments

  • June 25, 2025 09:01 AM PDT
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FedEx Cost Cuts Could Boost Margins as Earnings Recover, BofA Says
Market Updates

FedEx Cost Cuts Could Boost Margins as Earnings Recover, BofA Says

FedEx's (FDX) focus on cutting costs could help improve profit margins as earnings begin to recover, PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscripti...

  • June 25, 2025 08:58 AM PDT
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Brazil faces grim fiscal future with debt projected to top 100% of GDP
Economy

Brazil faces grim fiscal future with debt projected to top 100% of GDP

Brazil’s fiscal picture is rapidly deteriorating, according to a stern assessment from the Independent Fiscal Institution (IFI), a technical advisory organisation affiliated with the Federal Senate. The IFI’s 101st Fiscal Monitoring Report (RAF) indicates that if the current trend of public finances continues, the fiscal targets established for 2026 will become “unattainable.” The report highlights […]

  • June 25, 2025 08:44 AM PDT
  • Invezz
FOX NEWS MEDIA SIGNS BRETT COOPER AS A CONTRIBUTOR
Market Updates

FOX NEWS MEDIA SIGNS BRETT COOPER AS A CONTRIBUTOR

NEW YORK, June 25, 2025 /PRNewswire/ -- FOX News Media has signed conservative podcaster and influencer Brett Cooper as a contributor. In this capacity, Ms. Cooper will provide cultural, social, and p...

  • June 25, 2025 08:40 AM PDT
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Top Midday Stories: FedEx Shares Fall After Q1 EPS Outlook Lags Expectations; Tesla European New Car Sales Fall in May
Market Updates

Top Midday Stories: FedEx Shares Fall After Q1 EPS Outlook Lags Expectations; Tesla European New Car Sales Fall in May

The Nasdaq Composite and S&P 500 were both up in late-morning trading, while the Dow Jones Industria PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscripti...

  • June 25, 2025 08:32 AM PDT
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Avis Budget stock hits 52-week high at 175.11 USD
Market Updates

Avis Budget stock hits 52-week high at 175.11 USD

Avis Budget Group Inc. (NASDAQ:CAR) stock reached a significant milestone, hitting a 52-week high at 175.11 USD, with an impressive year-to-date return of 113.2%. According to InvestingPro analysis, t...

  • June 25, 2025 08:29 AM PDT
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